(Display) has been deported by about 25 % in the past eight days. The distinctive symbol started in the struggle since mid -May, with the price sliding under the mark of $ 5. However, although a short -term price procedure looks shaken, the long -term look shared by Crypto Patel indicates that the offer can put a huge step. The analyst points to a strong accumulation area and a major support area that historically sparked explosive gatherings.
according to Patel scheme And the suspension, the basics of Render are still strong, especially since the forces use cases such as artificial intelligence, 3D presentation, visual effects, and games. It is already used by companies such as Netflix, Apple and Disney, and now after it has been combined with Solana, the speed and cost advantages are greater. This makes the project a high -capacity bet for the next session.
Make the bottom formation prices with strong support
The graph highlights the region between $ 4 and $ 3.40 as a major accumulation. This itself was a strong support in the past, as it wore the price strongly after testing this area. Patel is called “Strong Support” and shows again a bottom there in mid -2015. The pattern simulates a previous cycle with more than 45 times a similar setting.
This time, if the date is repeated, the price can come out of the current trend line to resist about $ 8.50 and start a new rally. The structure refers to a curved path up to the top, with simple resistance levels at $ 15 and $ 25, then a more extension target about $ 47 and beyond. Patel suggests even reaching $ 50, and compared to “Nvidia of Web3” but it is not fully central.
Also read: How much can the distinctive codes of 5000 Cardano (ADA) be by 2026?
Can the price really make 45X again?
While predictions like “45X” seem ambitious, Patel reminds the followers who have presented it before. During the last bull cycle, the width of more than 49X increased from its support base. With the increasing demand for GPU -based decentralizationIn addition to the tanna around AI and Web3 games, this type of momentum is not impossible.
The current preparation shows a price projection aimed at $ 47.81 in the long run, a huge leap of 1039 percent of the current levels. The key is to obtain support and confirm previous resistance. If the offer remains above its support of $ 3.40, it can build the basis for this new explosive stage.
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